SEGMENT INFORMATION (Table)

9 Months Ended

Sep. 30, 2023

Segment Reporting [Abstract]

Schedule Of Segment Reporting Information By Segment

Net sales and operating income by reportable segment were as follows:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(In thousands)	2023		2022		2023		2022
Net sales
Aerospace & Industrial	$	220,700	$	213,656	$	651,052	$	614,817
Defense Electronics	216,775		162,233		578,252		456,575
Naval & Power	288,002		256,277		835,547		732,905
Less: Intersegment revenues	(1,151)		(1,624)		(5,269)		(4,937)
Total consolidated	$	724,326	$	630,542	$	2,059,582	$	1,799,360
Operating income (expense)
Aerospace & Industrial	$	39,014	$	39,080	$	101,224	$	96,397
Defense Electronics	56,212		36,588		122,760		84,338
Naval & Power	47,663		41,576		132,382		118,865
Corporate and other (1)	(10,370)		(9,661)		(32,457)		(33,402)
Total consolidated	$	132,519	$	107,583	$	323,909	$	266,198

(1) Includes pension and other postretirement benefit expense, certain environmental costs related to remediation at legacy sites, foreign currency transactional gains and losses, and certain other expenses.

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

Adjustments to reconcile operating income to earnings before income taxes are as follows:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(In thousands)	2023		2022		2023		2022
Total operating income	$	132,519	$	107,583	$	323,909	$	266,198
Interest expense	12,496		13,997		40,432		33,315
Other income, net	7,023		3,746		22,744		11,298
Earnings before income taxes	$	127,046	$	97,332	$	306,221	$	244,181

Reconciliation Of Assets From Segment To Consolidated

(In thousands)	September 30, 2023		December 31, 2022
Identifiable assets
Aerospace & Industrial	$	1,043,750	$	1,041,562
Defense Electronics	1,551,148		1,546,331
Naval & Power	1,517,694		1,487,568
Corporate and Other	301,363		372,842
Total consolidated	$	4,413,955	$	4,448,303